50 SKY SHADES - World aviation news

GECAS Places $2.9 billion CFM LEAP-1A engine order

Download: Printable PDF Date: 19 Jun 2017 07:13 categories:
Publisher:
GECAS Places $2.9 billion CFM LEAP-1A engine order - Events / Festivals publisher
Krista Kuznecova
Country: France Aircraft: Airplanes

GE Capital Aviation Services (GECAS), the aviation leasing and financing arm of GE announced a firm order for 200 CFM International LEAP-1A engines to power new Airbus A320neo family aircraft.

CFM values the agreement at more than $2.9 billion U.S. at list price. The airplane order was announced earlier today.

“The LEAP-1A has done extremely well in commercial service and our customers are very pleased with the engine,” said Alec Burger, President and CEO of GECAS, “The LEAP-1A-powered A320neo family with proven increased fuel efficiencies, high utilization rates, and longer range will continue to be one of our core assets in our lease portfolio.”

“We are very pleased to further strengthen our relationship with GECAS,” said Gaël Méheust president and CEO of CFM International. “We appreciate their confidence in the LEAP product line and look forwarding to delivering an exemplary product to them.”

The LEAP-1A engine entered commercial service in August 2016 and is providing its 14 operators with a 15 percent improvement in fuel efficiency, with an equivalent reduction in CO2 emissions; and lower noise and NOx emissions. To date, the fleet in service has logged more than 77,000 engine flight cycles and more than 145,000 engine flight hours while maintaining CFM’s industry-leading reliability.

Image result for GE Capital Aviation Services

Related event:
19
June
2017
France, Paris, Le Bourget Parc des Expositions .


Archived
4 months ago



Loading comments for GECAS Places $2.9 billion CFM LEAP-1A engine order...


Recommended

Middle East carriers’ fleet size to more than double by 2036

Middle East passenger traffic to grow 5.9% annually until 2036 Middle East’s fleet demand valued at US$600 billion The fleet size of operators in the Middle East is forecast to more than d...

Embraer Announces Delivery of the First E190-E2 in April of 2018

Embraer confirmed today April of 2018 as the delivery date of the first E190-E2 to Widerøe, the aircraft’s launch operator. The announcement was made at a press briefing in Athens, Greece...

Sentinel-5P successfully launched to monitor world’s pollution

The Airbus built, pollution monitoring satellite Sentinel-5 Precursor has been successfully launched on a Rockot from the Plesetsk Cosmodrome in Russia at 09.27 GMT on 13.10.17. Sentinel-5 Precurso...

140,000 sq. ft. Biggin Hill Airport development set for completion by Christmas

London Biggin Hill Airport is announcing that work on its 60,000 sq. ft hangar, 10,000 sq. ft office block and 70,000 sq. ft additional ramp space is on track for completion in time for Christmas,with...